News
Progressive Insurance Is Hiring Again; 12,000 More People Needed
Almost a year to the day after Progressive announced it would hire more than 10,000 people to fill claims, IT and legal roles in 2024, the nation's second largest auto insurer said it now has 12,000 ...
Spring Storms Spur More Destructive Tornadoes, Hail and Floods
A new spring weather hazards report indicates the central and southeastern regions of the U.S. are expected to see destructive tornadoes, with nearly 4.8 million homes at high or very high risk, ...
American Corporations Boost Security Spending After UnitedHealth Murder
U.S. corporations have been ramping up their security spending, but following the murder of UnitedHealth executive Brian Thompson that expenditure is set to rise further in 2025 as more companies see ...
New Rules for Reporting Self-Driving Crashes Could Benefit Tesla the Most
Rule changes announced by the Trump administration this week could allow automakers to report fewer crashes involving self-driving cars, with Tesla potentially emerging as the main beneficiary. The ...
Global Natural Disasters Cost Insurers $53B in Q1, With Economic Losses of $83B
Global natural catastrophes had an insured price tag of more than $53 billion during the first quarter of 2025 – claims driven by California's wildfires of approximately $38 billion, or 71 percent ...
Marsh Sues Aon, Ex-Team Leader Over Exit of 20 Construction Surety Employees
Global insurance broker Marsh USA filed suit against competitor Aon and a former Marsh team leader for allegedly poaching key members of Marsh's construction surety team who resigned and moved to Aon ...
AIG: Turning One Human Underwriter Into Five, ‘Turbocharging’ E&S
Some property/casualty insurers talk about experimenting with artificial intelligence to automate call center responses and back-office operations. But that's not the road to turbocharging growth ...
Changing Market Dynamics, Tech Advances Continue to Disrupt Insurance Industry: Report
New technology adoption, evolving business models and emerging investment opportunities are on the horizon, according to Deloitte's "2025 Financial Services Industry Predictions" report. The global ...